本次盛会汇聚了来自国家安全风险评估中心、国家体育总局体育科学研究所、江南大学、中国农业大 学、北京体育大学、完美公司等超过450位知名品牌的代表来到上海，共襄盛举，围绕需求多元化与本 土化创新等议题，共同探讨行业前瞻性发展之路。 12月18—19日，由《食品万里行》主办的第三届运动、营养食品技术及应用创新大会在中国上海圆满落 幕。 在12月19日的创新论坛上，完美公司研发中心总经理李晓敏发表了《基于肌肉健康的干预策略与循证研 究》的主题演讲。她系统阐述了完美公司在该领域的科研成果，完整呈现了从基础研究、原料创新到组 方设计，直至动物与临床验证的全链条研发路径；详细解读了如何通过科学配方创新，有效促进肌肉蛋 白合成、延缓增龄性肌肉流失，并展示了一套贯穿"细胞-斑马鱼-动物-人体"的完整科学证据链，充分体 现了企业在健康食品研发中的科学严谨性与体系化能力。 一直以来，完美公司高度重视产品研发与创新，始终坚持以消费者需求为导向，不断加大研发投入，致 力于为消费者提供高品质的健康食品。此次完美牌时光葆固体饮料荣获年度产品领航者奖，正是对完美 大会现场还举行了《食品万里行》2025营养健康品&运动营养食品年度之星颁奖典 ...

来源：界面 2025年，中国国民经济在承前启后的关键节点呈现出"稳中有升、质效双优"的鲜明特征，前三季度国内生产总值达近102万亿元，同比增长5.2%。与2024年 相比，增速稳中有升，经济运行的稳定性、协调性进一步增强。其中工业生产强势领跑，消费市场持续回暖，重点领域投资精准发力，成为支撑经济大盘 的"三驾马车"。数据显示，前三季度制造业增加值同比增长6.5%，信息传输、软件和信息技术服务业增速高达11.2%，入境游门票订单同比增长180%，经济 增长的内生动力不断巩固。 在发展的实践中，我们不断深化规律性认识、积累重要经验。八年来，界面财经年会始终以实践为基、向变革而行，深耕企业创新前沿，解码每一次主动求 变的决策智慧；以共生为道、破局为先，搭建科技与产业的协同桥梁，加速创新成果向现实生产力转化。与各方携手，共同锚定高质量发展航向，奔赴行稳 致远的强国征程。在此背景下，由上海报业集团作为指导单位、智通财经主办的第八届【界面财经年会】于2025年12月16日在上海阿纳迪酒店成功举办。集 结国内政商学界领袖与专家学者最强阵容，围绕"拥抱变革·破局共生"主题，重点关注宏观经济、产业发展、AI应用及商业化、可持续 ...

物价走势是观察经济运行的重要窗口。国家统计局最新发布的价格数据显示，11月份，居民消费价格指 数（CPI）同比上涨0.7%，涨幅比10月份扩大0.5个百分点，为2024年3月份以来最高；扣除食品和能源 价格的核心CPI同比上涨1.2%，涨幅连续3个月保持在1%以上；工业生产者出厂价格指数（PPI）环比上 涨0.1%，连续两个月上涨……温和上扬的价格曲线，折射出供需两端的同步改善，彰显经济韧性与潜 力。 但也要认识到，当前外部不确定性因素依然较多，国内有效需求不足仍是主要矛盾，价格总体仍在低位 运行。因此，下一步，要促进供给和需求良性互动，纵深推进全国统一大市场建设，优化市场竞争环 境，推进重点行业产能治理，改善供求关系，促进价格水平合理回升。 在笔者看来，物价回暖并非偶然，而是政策组合拳精准有力、新动能不断发展壮大等多维度突破换来 的"水到渠成"。 （文章来源：证券日报） 具体来看，今年以来，提振消费专项行动持续显效，消费需求焕新提升，"悦己型""健康型"需求持续增 长，带动工艺美术、运动球类、营养食品等细分工业品价格稳步抬升，11月份前述三类工业品价格分别 同比上涨20.6%、4.3%、1.1%。此外，综合 ...

Investment Dynamics - Thunder Innovation has completed a Series C financing round led by CITIC Jinshi, with participation from CITIC Securities International Capital and CITIC Securities Investment. The funds will focus on R&D in near-eye display, AI algorithms, and multimodal interaction, aiming to transition AR glasses from niche products to mainstream smart devices [3] - Nestlé is intensifying its efforts to develop nutritional solutions targeting emerging growth areas, particularly focusing on women's health, longevity, and weight management through strategic collaborations with universities [6] - Timex Group has acquired a 51% stake in Daniel Wellington, marking the brand's entry into Timex's multi-brand matrix while maintaining its independence and design ethos [8] - Wancheng Group plans to launch a non-deal roadshow (NDR) for its Hong Kong IPO on November 11, aiming to raise approximately $300 million to $500 million, equivalent to about 2.1 billion to 3.6 billion RMB [11] - Meet Noodle is set to begin its pre-IPO roadshow this month, with expected fundraising between $100 million to $200 million, which will be used for store expansion and central kitchen development [14] - If Coconut Water has signed a memorandum of cooperation with the Shanghai Xihongqiao government to establish its first mainland China branch, enhancing its product matrix and consumer service experience [17] Financial Reports - Swire Properties reported that as of September 30, 2025, its three core shopping centers in Hong Kong maintained a 100% occupancy rate, with retail sales increasing by 3.6%, 3.0%, and 0.2% year-on-year [19] - Tapestry, the parent company of Coach, reported a 16% increase in sales for the first fiscal quarter, reaching $1.7 billion, with adjusted operating income rising by 24.2% to $354 million [21] Personnel Dynamics - PepsiCo plans to close two Frito-Lay facilities in Orlando, Florida, affecting a total of 500 jobs, as part of its strategy to curb declining snack sales in the U.S. [23] - Diageo has appointed Dave Lewis as CEO, effective January 1, 2024, who previously served as CEO of Tesco and has extensive experience at Unilever [26]

Core Insights - The aging population in China is increasing, with 21.1% of the population aged 60 and above by the end of 2023, and projections indicate that over 10% will be aged 80 and above by around 2050 [1] - There is a growing demand for nutritional products tailored for the elderly, including functional foods, dietary supplements, and special medical purpose foods [1][6] Group 1: Nutritional Needs of the Elderly - The elderly population faces various nutritional deficiencies, particularly in protein, vitamins A, B, C, and D, and minerals like calcium and selenium [3][5] - Recommendations for the elderly include a balanced diet with diverse food sources, adequate protein intake (65g for men and 55g for women), and daily calcium and vitamin D intake of 800mg [3][5] - The report emphasizes the importance of maintaining a healthy weight, regular meal patterns, and adequate hydration [5] Group 2: Nutritional Challenges by Age Group - Individuals aged 45 to 64 are at high risk for diabetes and blood lipid abnormalities, necessitating lifestyle interventions [2] - Those aged 65 to 79 often experience structural imbalances in macronutrient intake, with high carbohydrate and fat consumption but insufficient protein [4] - For those aged 80 and above, there is a significant shortfall in vegetable, fruit, and dairy intake, with a notable disparity between urban and rural populations [4] Group 3: Types of Nutritional Products - The elderly nutrition market includes dietary supplements, functional foods, and special medical purpose foods, such as protein powders and calcium supplements [6] - Ordinary foods provide basic nutrition without health claims, while special medical purpose foods are designed for specific health needs and require regulatory approval [7][8] - Health supplements must be chosen carefully, with attention to their claims, ingredients, and the necessity of supplementation based on dietary intake [9]

Core Viewpoint - The article discusses the marketing and nutritional adequacy of various products aimed at elderly consumers, particularly those claiming to be suitable for post-operative nutrition and as meal replacements, raising concerns about their compliance with special medical food standards [1][2][16]. Product Claims and Standards - The "米麦奇" brand claims to provide comprehensive nutrition suitable for elderly individuals requiring liquid diets, but it does not meet the standards for special medical foods, which require at least 25 nutrients [1][12]. - Similar products like "朗臣优佳" and "皇麦吉" also make claims of being suitable for elderly nutrition but fail to meet the nutritional requirements set for special medical foods [5][13][14]. - All three products are categorized under GB19640, which is for general food safety standards, rather than the more stringent standards for special medical foods [12][13]. Market Context - The elderly nutrition market in China is expanding, with a market size of 876 billion yuan in 2023 and a projected growth rate of 9.64% annually, expected to exceed 1.4 trillion yuan by 2028 [20]. - The market includes nutritional supplements, functional foods, and special medical foods, with a growing demand for products addressing specific health needs such as immunity, bone health, and digestive issues [20]. Regulatory Concerns - There are significant regulatory gaps in the elderly nutrition market, leading to misleading marketing practices where ordinary foods are marketed as suitable for elderly nutritional needs without proper scientific backing [18][21]. - The lack of specific standards for elderly nutrition products has resulted in a proliferation of products that do not adequately meet the physiological needs of older adults [20][21]. Consumer Guidance - Consumers are advised to verify whether products are registered as special medical foods and to request nutritional testing reports to ensure compliance with safety and nutritional standards [18][19]. - The article emphasizes the importance of regulatory oversight to prevent misleading claims and ensure that products marketed to vulnerable populations like the elderly are safe and effective [18][19].

Core Viewpoint - Guangzhou Munia Nutrition Food Co., Ltd. has been established with a registered capital of 1 million RMB, indicating a new player in the nutrition and food industry [1] Company Summary - The company is engaged in a wide range of activities including technology services, development, consulting, and transfer, which suggests a focus on innovation and technical expertise [1] - It also involves retail and wholesale of various products such as household appliances, pet food, cosmetics, and daily necessities, indicating a diversified business model [1] - The company is authorized for import and export activities, which may enhance its market reach and operational flexibility [1] Industry Summary - The establishment of new companies like Guangzhou Munia reflects ongoing growth and competition in the nutrition and food sector, as well as related consumer goods [1] - The broad scope of operations, including health food sales and technology services, highlights the increasing convergence of technology and consumer products in the industry [1]

Core Insights - The recent economic indicators released by the National Bureau of Statistics signal positive trends in China's economy, with both CPI and PPI showing signs of recovery [1][2] Demand Side Analysis - The Consumer Price Index (CPI) has shifted from flat to rising, with the core CPI returning to a year-on-year increase of 1% after 19 months, indicating a recovery in consumer demand [2][3] - The core CPI's consistent growth over five months reflects an increase in consumer willingness to spend, suggesting healthy growth in overall economic demand [3][4] Supply Side Analysis - The Producer Price Index (PPI) has shown a narrowing year-on-year decline, indicating a steady recovery in domestic demand [4] - The improvement in PPI is linked to enhanced supply-side dynamics, with price declines in certain sectors like black and non-ferrous metals slowing down, while prices for consumer goods such as nutritional foods are rising [4][5] Economic Balance and Future Outlook - The interplay between rising CPI and narrowing PPI reflects a preliminary success in achieving a dynamic balance between supply and demand [5] - Continued macroeconomic policies are essential for maintaining this balance, with expectations of sustained growth in GDP, stable investment, and resilient foreign trade contributing to a more robust economic outlook for China [5]

Group 1 - The core viewpoint of the article highlights positive signals from two major economic indicators released by the National Bureau of Statistics, indicating resilience in China's economy during its transformation [1][2] - The Consumer Price Index (CPI) has turned from flat to rising month-on-month, with the core CPI returning to a year-on-year increase of 1% after 19 months, reflecting a recovery in domestic demand [2][3] - The Producer Price Index (PPI) shows a narrowing year-on-year decline, further validating the steady recovery of domestic demand [4] Group 2 - Demand is a key driver of the economy, with the CPI reflecting consumer-related price changes. The core CPI's continuous increase over five months indicates a healthy growth in total demand [3][5] - The PPI's performance is closely tied to the strength of demand, with improvements in market competition and price stabilization in certain industries, indicating a recovery in supply-side activity [4][5] - The overall economic growth in China is supported by coordinated efforts across consumption recovery, stable investment, and resilient foreign trade, suggesting a more robust foundation for future growth [5]

Core Insights - Shandong Shanghe County focuses on industrial chain extension, supplementation, and strengthening, actively attracting and nurturing "chain leader" enterprises while promoting the integration of small and medium-sized enterprises into the industrial chain [1] Industry Summaries Biopharmaceutical and Chemical Industry - The biopharmaceutical and chemical industry in Shanghe County has seen significant growth, with 47 large-scale enterprises gathered, forming a collaborative development pattern centered on key pharmaceutical intermediates, high-end raw materials, and drug formulations, aiming for a target of 10 billion [1] Equipment Manufacturing Industry - The equipment manufacturing industry has achieved multiple breakthroughs, with 42 large-scale enterprises introduced, including Guangri Co., Ltd. and the Jinan Digital Industry Park, leading to the development of industries such as laser manufacturing and elevator manufacturing from inception to growth [1] Nutritional Food Industry - The nutritional food industry is taking shape, led by major enterprises like Sibote Biotechnology and Jinsah River Noodle Industry, establishing the Qilu Health Food Industrial Park and enhancing cold chain storage logistics, thereby accelerating the transformation of agricultural product resource advantages into industrial development advantages [1]